I think the number comes in a bit better at -150,000- -145,000 with unemployment rates flat at 9.8% Market rallies end of story.
I think this may the bottom. UE rate a little worse than expected with improvement in the prior months. 9.5% increase in productivity is not sustainable and means employers will have to hire.
With Dow 10K an important psychological point (which I think has diminished recently), one has to view unemployment over 10% similarly, except, of course, no celebrations. This is the "Oh, Crap!" point.
Except for the fact that Dow 10K is only an emotional level for the idiots on CNBC. 10K or 10% are just numbers.